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$574,950
List price: $585,000
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16 West 16th Street #7BS
Coop in Flatiron • 
building info
1bd • 1ba • 600 ft 2
List price

$585,000

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Key Details
Days on market
126
Last price change
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Estimated payment
$4,384
Monthly taxes
N/A
Monthly maintenance
$950
Description
Move right in to your freshly painted, south-facing one bedroom co-op just a few buildings down from 5th Avenue on West 16th Street. Just a block from Union Square, the location brings you virtually anywhere in the city at a moments notice so wherever your office used to be, might be in the future, or if it's now a passion project from the container store that will live in your dining alcove - you'll still be able to make the city work for you! Though the sellers have used the space strictly as a pied-a-terre since their purchase in 2013, the care was taken to bring the walls to a decorator-ready white, as well as refinish the kitchen cabinetry and freshen the bathroom. While well designed as they are, the bedroom closets lend themselves to a dressing area or a very large walk-in/walk-through closet. Additional storage can be found in the foyer larger than what one would expect from a standard coat closet! With a sensible layout featuring a dining area just past the kitchen, the home is able to maintain legitimate living and bedrooms, the space can last as long as you need it to. That said, if or when you find yourself outgrowing the storage - you can sublet up to 5 years, and as they are not required to be consecutive your life can be as flexible as todays lives need to be! Also known as The Chelsea Lane, 16 West 16th Street is one of the most sought after full-service cooperative elevator buildings south of 23rd Street, Located just of Fifth Avenue and steps to the Avenue of the Americas, the space allows for any direction you leave your door to greet you with another sign of resurgence, even a newfound confidence in our collective ability to both suffer and heal in record time. Or just an affinity for masks! Amenities here include 24-hour doorman, live-in super, full-service maintenance staff, onsite laundry, and an onsite managing agent if anything manages to go awry! Pets are permitted with board approval, as are guarantors, Pied-a-terres, co-purchases, and parents buying for children. Come watch the place you love become a new version of itself, all while taking advantage of record lows in interest rates!

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Important Stuff
Important Stuff
Doorman
Elevator
Washer/Dryer In Unit
Amenities
BUILDING AMENITIES
  • Bike Room
  • Dogs allowed
  • Live In Super
  • Fios Available
  • Sublets Allowed
  • Parking Available
  • Guarantors Allowed
  • Co-purchase Allowed
  • Laundry in Building
  • Parents Buying Allowed
  • Pied-a-Terre Permitted
LISTING AMENITIES
  • Garage
  • Garden
  • Storage
  • City View
  • Dining Room
  • Bicycle Room
History
What it'll cost
Purchase price
$585,000
Asking Price: $585,000
Term
30 Years
Down Payment
$117,000 (20%)
Min: 20% (117,000)
Rate
8.0 %
Mortgage Amount
$468,000
Mortgage Payment
$3,434
Maintenance
$950
Estimated Yoreevo rebate
$10,050
Estimated closing cost
$7,000
Total monthly cost $4,384
Buy your dream home with us and get an estimated
$10,050 rebate.
Rebates vary by sale price, market and are subject to a minimum commission.
Courtesy of Compass

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